Unused Sick Leave definition

Unused Sick Leave means sick leave earned by the Member prior to the Effective Retirement Date for which the Member has received neither sick pay during employment with the Employer nor payment following termination of employment and which is not transferred to another Virginia school district pursuant to applicable provisions of the Virginia Code and regulations of the Employer. Unused Sick Leave shall be converted to Credited Service for all Members who have at least five years of Vesting Service at the time they terminate their employment with the Employer. Unused Sick Leave shall not be counted as Credited Service for the purpose of determining whether a Member is eligible to retire, but only for the purpose of increasing the amount of the Member's benefit. The amount of service that will be credited will be calculated pursuant to uniform and nondiscriminatory regulations established by the Trustees. Members who have fewer than five years of Vesting Service when they terminate their employment will not be eligible for conversion of their Unused Sick Leave.
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Unused Sick Leave. On January 1 of each year, employees may roll over up to three days of unused sick leave to personal leave when the following conditions are met: a) the employee has used less than six days of sick leave in the prior year, and b) the employee has a minimum of 40 sick days accrued.
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Unused Sick Leave. The District will provide Section 41J of the New York State Employees' Retirement System which is the application of unused sick leave as additional service credit upon retirement.
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Examples of Unused Sick Leave in a sentence

  • If an employee is subsequently rehired in the service of the County, incentive payment for Unused Sick Leave will not be applicable, and previous balances paid off upon termination will not be restored.

  • The PERS Retirement Plan will include Post Retirement Survivor Continuance and Retirement Credit for Unused Sick Leave for the 2.5% @ 55 plan.

  • Out of Unused Sick Leave Credits‌ Upon retirement or voluntary leave from the workforce as defined in Article 43, Severance Allowance, regular full-time and regular part-time employees shall be paid in cash an amount equivalent to forty percent (40%) of unused sick leave credits calculated at the employee’s rate of pay at retirement.

  • The City shall provide the CalPERS 2% @ 60 retirement plan for employees hired on or after July 1, 2011 or upon effective date of CalPERS contract amendment including CalPERS Section 20862.8 - Credit for Unused Sick Leave.

  • Unused Sick Leave may accrue to EMPLOYEE’s credit without restriction to a maximum amount.

  • The County contracted with the California Public Employees Retirement System (CalPERS) to provide Section 20965 Credit for Unused Sick Leave Benefit for employees in the Miscellaneous Retirement group.

  • Upon paid retirement or death, an employee or the employee's estate shall be paid for a portion of the employee's unused sick leave in an amount computed as provided below: Years of Service Percent of Unused Sick Leave Paid For Less than 5 years None 5 but less than 10 25% 10 but less than 15 50% 15 but less than 20 75% 20 or more 100% Years of service as used herein shall be the equivalent of full-time continuous service in a regular position.

  • If eligible for payment, one half of the Current Sick Leave Balance remaining after current year usage will be moved to the Unused Sick Leave Balance account and paid as defined above.

  • Each regular full-time or regular part-time employee with Accumulated Unused Sick Leave balances in excess of 240 hours as of September 17, 1978, will be eligible for sick leave pay off.

  • Any portion of the day’s sick leave pay not received by the employee by reason of any such reduction shall be retained as part of the accumulated sick leave pay credit subject to the provisions of Paragraph 10 (F), Unused Sick Leave Pay, of this Article.


More Definitions of Unused Sick Leave

Unused Sick Leave means sick leave earned by the Member prior to the Effective Retirement Date for which the Member has received neither sick pay during employment with the Employer nor payment following termination of employment and which is not transferred to another Virginia school district pursuant to applicable provisions of the Virginia Code and regulations of the
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Unused Sick Leave. All employees who have reached the maximum allotment of one hundred twenty (120) sick days by December 31, 1997 and every December 31 thereafter shall be compensated thirty percent (30%) of any sick days accumulated over one hundred twenty (120). This compensation shall be paid out in one check on or about January 1 of the following year at the previous year’s rate. 11.01: Employees may take up to three (3) working days of paid bereavement leave for the death of a spouse, children, brother, sister, parent, guardian, step-father, step-mother, grandchild, mother- and father-in-law and sister- and brother-in-law. 11.02: Employees may take one (1) working day of paid bereavement leave for the death of grandparents, aunt, uncle, coworker, or any other relative living in the same household. 11.03: The leave provided for in this Article shall apply only to days that the employee is regularly scheduled to work. 12.01 Regular full-time employees shall be entitled to an annual longevity bonus on the basis of thirty-nine dollars ($39) for each complete calendar year of continuous service, to be payable the first pay date of December. The annual longevity bonus shall increase to fifty-one dollars ($51) for each calendar year of continuous service in 2005 and sixty-three ($63) in 2006. 12.02 Regular part-time employees, shall be entitled to an annual longevity bonus on the basis of one-half of the amount allocated in 12.01 for each complete calendar year of continuous service, to be payable the first pay date of December. 12.03 Continuous service shall not include any period of unpaid leaves of absence, except unpaid leaves of absence caused by injury or illness, in excess of thirty (30) days, nor any unpaid leave of absence caused by injury or illness in excess of forty-five (45) days. 12.04: In the event such employee retires during the year, such employee shall receive the above longevity bonus pro-rated on the basis of the number of months of the current year worked up to the date of retirement.
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Unused Sick Leave. Any teacher who is retiring shall receive two thirds (2/3) of the current substitute teacher pay per day for all unused sick leave up to one hundred (100) days. This would be paid as one cash payment at the official date of retirement.
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Unused Sick Leave. The District shall contribute $10 for each hour of unused sick leave accumulated over the 130 day maximum as of June 30 each year, up to $900, for any full-time, active employee to a PRHCSP administered by MSRS.
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Related to Unused Sick Leave

  • Paid sick leave – means paid leave under the Emergency Paid Sick Leave Act.

  • Current Sick Leave means those days of sick leave for the current contract year, which leave is granted at the rate of one day of sick leave per month worked, or major part thereof.

  • Sick Leave means the period of time an employee is absent from work by virtue of being sick or disabled or because of an accident not covered by Workers' Compensation.

  • Vacation means annual vacation with pay.

  • Paid leave means time away from work by an employee for which the employee receives compensation. Paid leave is limited to sick time, vacation time, compensatory time, and leave that is provided as an aggregate amount for use at the discretion of the employee for any of these purposes. Paid leave does not include paid short-term or long-term disability, catastrophic leave, or similar types of benefits.

  • Unused Portion has the meaning assigned to that term in Section 2.09(a).

  • Unused means the Insured’s financial Loss of any whole, partial or prorated prepaid nonrefundable components of a Trip that are not depleted or exhausted, including award travel expenses.

  • parental bereavement leave means leave under section 80EA of the Employment Rights Act 1996;

  • Unused Line Fee has the meaning specified in Section 2.5.

  • Unused Fees has the meaning assigned to such term in the Lender Fee Letter.

  • Unused Amount means the Maximum Line reduced by outstanding Revolving Advances. The Borrower agrees to pay to the Lender an unused line fee at the rate of one-half of one percent (0.5%) per annum on the average daily Unused Amount from the date of this Agreement to and including the Termination Date, due and payable monthly in arrears on the first day of the month and on the Termination Date.

  • Vacation Year means the twelve (12) month period commencing on the first (1st) day of April in each calendar year and concluding on the thirty-first (31st) day of March of the following calendar year.

  • Unused Revolving Line Facility Fee is defined in Section 2.4(d).

  • Leave means authorized absence from duty by an employee during his or her regular or normal hours of work;

  • Annual Leave and Clause 6.3 “Personal (Sick) Leave” of this Agreement.

  • Unused Fee Rate means a per annum rate equal to 0.25%.

  • Unused Facility Fee has the meaning specified in Section 2.09(a).

  • Applicable Unused Line Fee Percentage means, as of any date of determination, the applicable percentage set forth in the following table that corresponds to the Average Revolver Usage of Borrowers for the most recently completed month as determined by Agent in its Permitted Discretion; provided, that for the period from the Closing Date through and including the last day of the third full calendar month following the Closing Date, the Applicable Unused Line Fee Percentage shall be set at the rate in the row styled “Level II”; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Unused Line Fee Percentage shall be set at the margin in the row styled “Level II”: I > 50% of the Maximum Revolver Amount 0.375 percentage points II ≤ 50% of the Maximum Revolver Amount 0.50 percentage points The Applicable Unused Line Fee Percentage shall be re-determined on the first date of each month by Agent.

  • Unused Commitment Fee Rate has the meaning given to such term in the Fee Letter.

  • Weeks pay means the ordinary weekly rate of wage for the employee concerned.

  • Unused Fee has the meaning specified in Section 2.09(a).

  • Occupation Date means the Completion Date or the date on which the Local Authority issues the Occupancy Certificate or the date that the Purchaser attends the Hand-over Inspection, whichever is the earlier;

  • Applicable Unused Commitment Fee Rate means 0.50% per annum.

  • Approved Leave of Absence means a leave of absence that has been approved by the applicable Participating Company in such a manner as the Board may determine from time to time.

  • Unexcused absence means an absence charged to a student when:

  • Weeks Pay' means the ordinary time rate of pay for the employee concerned: